Forex Trading Information

Forex — the foreign exchange (currency or FOREX, or FX) market is the biggest and the most liquid financial market in the world. It boasts a daily volume of more than $5.1 trillion. Trading in this market involves buying and selling world currencies, taking profit from the exchange rates difference. FX trading can yield high profits but is also a very risky endeavor.

Getting into Forex trading is easy:

1. Start with our free Forex course.
2. Open an account with a broker.
3. Learn from other traders at the forum.

Latest in Forex

  • S.Smith from United States writes about Coinexx:

    This was my first time purchasing bitcoin to fund an account. I got an address from the terminal it took me about an hour to figure everything out. I purchased through Coinbase so it took a long time going through all the confirmations so I just chec...

  • Merry Balti from Finland writes about ForexChief:

    What they offer is exactly what is written in their website. I have noticed the spreads are even lower. There have been a couple of platform freezing when there is important economic news update. Still, my overall experience with the broker is positi...

  • Anna from Ukraine, Lviv writes about IFC Markets:

    As many of us I have traded with several companies and there is something I noticed:

    Info on official website not always represent the facts!!! It just makes me crazy every time.

    And there is why I am writing my first review about any broker:

    Inf...

  • Armend from Azerbaijan writes about Coinexx:

    After a long time, i have found a broker that has been consistently delivering superb trading conditions. Platform execution & stability is superb, spreads are narrow & cryptos on MT4 makes them a broker worth trading with. Deposit/withdrawals are on...

Forex Blog

EUR/USD in Short-Term Symmetrical Triangle on Daily

Sun, 9 Dec 2018 16:50

The previous EUR/USD symmetrical triangle formation was a long-term one — it lasted through the entire summer of 2018. The current one is a short-term one, having started just a month ago. Although the previous pattern failed as a trade, the currency pair indeed continued its downward trend. The current...

Forex Brokers Update — December 9th, 2018

Sun, 9 Dec 2018 16:20

This week, there were no new Forex brokers to report on, but some of the old companies have been updated: RoboForex no longer offers Pro-ECN account type. Trader's Way now offers MT5 ECN accounts. FXCM now has agriculture CFDs available for trading (wheat and corn)....

Weekly Forex Technical Analysis (Dec 10 — Dec 14)

Sat, 8 Dec 2018 9:50

EUR/USD

Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1217 1.1264 1.1330 1.1377 1.1443 1.1490 1.1556

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1269 1.1340 1.1382 1.1453
...

Forex News

Japanese Yen Trades with Losses During Wednesday's Asian Session

Japanese Yen Trades with Losses During Wednesday's Asian Session

Wed, 12 Dec 2018 1:20

The Japanese yen started the Wednesday's session in the red across the board. The positive market sentiment was the likely reason for the losses of the safe-haven currency, though negative macroeconomic data might have played its part as well.

Euro Fails to Profit from Improving Economic Sentiment

Euro Fails to Profit from Improving Economic Sentiment

Tue, 11 Dec 2018 21:39

The euro fell against most of its major rivals today with the exception of the Great Britain pound. Positive macroeconomic data was unable to support the currency.

Aussie Gains on Positive News About US-China Trade War

Aussie Gains on Positive News About US-China Trade War

Tue, 11 Dec 2018 20:37

The Australian dollar gained today despite domestic macroeconomic data, which was not particularly supportive to the currency. The rally was a result of the positive market sentiment caused by news about good developments in the US-China trade relationships.

Commodity Blog

Crude Oil Gains as Russia Announces Production Cuts

Tue, 11 Dec 2018 22:22

Crude oil rallied on Tuesday thanks to the news that Russia agreed to join production cuts after all. The positive general market sentiment, caused by the ...

Copper Posts Gains Despite Slumping Chinese Demand

Tue, 11 Dec 2018 19:27

Copper futures are rallying on Tuesday, despite a mix of bad news for the industrial metal. In addition to a ...

Gold Hovers Around Five-Month High Amid Market Rout

Mon, 10 Dec 2018 18:20

Gold futures are down to kick off the trading week, but they are hovering around their best levels in five months. The yellow metal...

Forex Video Zone

How to Avoid the Mistake of Being Under Capitalized — Fatal Mistakes

Tue, 11 Dec 2018 16:43

In this video, you will learn about the dangers of being under capitalized. Forex should not be viewed as something to get rich overnight. You should view it as trading and not as gambling. You need to acquire necessary skills to become a successful trader in the long run. So, don't trust those advertisement that tells you about unrealistic returns in a given period of time. Don't believe on those...

Strategy: Three Inside Down and Three Inside Up candlestick Pattern

Tue, 11 Dec 2018 15:10

In this video, you will learn how to identify and trade the three inside up and three inside down candlestick patterns. You locate the three inside up pattern at the end of a downtrend. This is a bullish reversal pattern. It consists of three candlesticks. The first candlestick is a bearish candlestick. The second candlestick is bullish with a small body. The third candlestick is bullish and closes above the open of the first. As you can...

Pound Plummets after Theresa May Calls Off Vote in Parliament

Tue, 11 Dec 2018 14:19

Market participants who took short positions on the pound gained yesterday. This was due to Theresa May cancelled the decision to decide the draft Brexit deal in the British Parliament by voting. Hence it looks likely that Britain will leave the European Union with a harsh Brexit, no deal at all. Another likely scenario is another referendum on Brexit. So, the pound fell to 18-month low. The outlook for the pound in the near-term...